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Q: What is standard deviation and what are the advantages and disadvantages?
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Related questions

Quartile deviation advantages disadvantages?

advantages of quartile deviation


Advantages and disadvantages of mean deviation?

It is easy to understand and to calculate


What are the advantages and disadvantages of coefficient of variation?

One the main advantage of using the coefficient of variation over the standard deviation to measure volatility is the fact that CV is normalized and can be used to directly compare different asset's volatility. The standard deviation must be used in the context of the mean of the data.


What are the assumptions of standard deviation?

The standard deviation is the standard deviation! Its calculation requires no assumption.


What does the sample standard deviation best estimate?

The standard deviation of the population. the standard deviation of the population.


What is standard deviation of 155.45?

The standard deviation is 0.


If quartile deviation is 24. find mean deviation and standard deviation?

Information is not sufficient to find mean deviation and standard deviation.


What is the relationship between standard deviation and variance?

Standard deviation is the square root of the variance.


What is the standard deviation of a standard normal distribution?

The standard deviation in a standard normal distribution is 1.


What is the difference between standard error of mean and standard deviation of means?

Standard error of the mean (SEM) and standard deviation of the mean is the same thing. However, standard deviation is not the same as the SEM. To obtain SEM from the standard deviation, divide the standard deviation by the square root of the sample size.


What are the advantages and disadvantage of science and technology?

Advantages: Higher standard of living. Disadvantages: Unbalancing of natural order.


Why do we need the standard deviation?

The standard deviation is a measure of the spread of data.